nikitafx
Long

EUR/JPY after completion of wave Major-2 (Nikita FX )

FX:EURJPY   Euro / Japanese Yen
258 0 2
This Chart shows us how EUR/JPY             will be finalizing with its wave Major-2 and the next Future
upward wave (Major-3) is coming.

First of all, Big H&S breakdown target of wave Major-2 is 116.34 which is nearly same level of
these analysis target:
A: A=C ------141.05-(149.79-126.10)=117.36
B: WXY structure of Blue wave C-C------124.23-(128.22-122.55) x 1.272=117.02
C: Equal Reversal from Parallel Wolfe Line B (1343 pips above---when it made H&S Head)----
129.73 (May 23 2016)-1343 pips=116.30

After completion of wave Major-2 at these bottom zone (116.30--117.36), EUR/JPY             is heading
for its upward target: 116.30 + (149.79-94.10) x Fib.150.0%=199.84 at least.

Therefore LONG for longer term, and SHORT for short/mid term

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